Where Are Mortgage Interest Rates Headed In 2018

Where Are Mortgage Interest Rates Headed In 2018

Image title


   The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.As you can see, interest rates are projected to increase steadily over the course of the next 12 months.



How Will This Impact Your Mortgage Payment?


Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly.


According to CoreLogic’s latest Home Price Index, national home prices have appreciated 7.0% from this time last year and are predicted to be 4.2% higher next year.


If both the predictions of home price and interest rate increases become reality, families would wind up paying considerably more for their next home.


Bottom Line 

Even a small increase in interest rate can impact your family’s wealth. Meet with a local real estate professional to evaluate your ability to purchase your dream home.


I am here for You to make sure the process flows smoothly, I'll be free to answer all questions you may have! Don't hesitate to contact me for more information at 512.632.3162 or email me at Christina@TeamPrice.com!


Interested in Buying or Selling a Home/Investment Property? 

Please contact me anytime for a Free Market Value Analysis. 

http://christina.buyinginaustin.com/ 


  Download my app to search for properties by texting 'Christina' to 512-270-7326


 Christina Haverty 

 REALTOR®, GREEN, GRI, CNE 

 512 693 8604 office /512 632 3162 cell 

 http://christina.buyinginaustin.com/ 

 Turning Savvy, Informed Austin Area Urbanites into Successful Homeowners, Investors, Sellers and Leaser’s!


Christina Haverty Headshot
Author:
Phone: 512-632-3162
Dated: February 18th 2018
Views: 65
About Christina: Turning Savvy, Informed Austin Area Urbanites into Successful Homeowners, Investors, Sellers and Le...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Where Are Mortgage Interest Rates Headed In 2018 -    The interest rate you
Facing Foreclosure May I HELP YOU - Facing Foreclosure? May I HELP YOU
Coolest New Complex In South East Austin - It all began at Burning Man, We
Super Bowl Sunday Open House 12 To 3PM - 3106 Fontana Dr B Austin Tx

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Marcela Alfonsin
7320 N Mo-Pac Ste 305
Austin, TX
512-300-7406
888-643-9502